IBO · Market · Game providers
Top 100 casino game providers, 2026
Studios that make their own casino games, ranked daily by the IBO Index: scale, portfolio, distribution, licences, reach and transparency. Reported figures link to their public source; estimates are marked.
Scale · 20Portfolio · 20Distribution · 20Trust & licences · 15Reach & buzz · 15Transparency · 10
- 1=EvolutionSweden · listed92.0IBO IndexRevenue€2.12Breported FY2025Games liveNot statedPortfolioSlotsLive casinoTableCrash & instantMarkets · B2B licences32 marketsAGCODGADGOJWorks with6 groupsannounced
- 2=NovomaticAustria84.8IBO IndexRevenue€3.62Breported FY2025Games liveNot statedPortfolioSlotsTableBingoMarkets · B2B licences9 marketsMGAPGCBUKGC
- 3=Sega Sammy HoldingsJapan · listed82.9IBO IndexRevenue€150Mreported FY2026/3Games liveNot statedPortfolioSlotsLive casinoMarkets · B2B licences11 marketsMGAPGCBUKGC
- 4=PlaytechIsle of Man · listed81.3IBO IndexRevenue€764Mreported FY2025Games live1,000+games livePortfolioSlotsLive casinoTableBingoMarkets · B2B licencesMGAPGCBUKGCWorks with8 groupsannounced
- 5=HacksawSweden · listed80.6IBO IndexRevenue€198Mreported FY2025Games live350+games livePortfolioSlotsCrash & instantMarkets · B2B licences8 marketsADMAGCODGAWorks with5 groupsannounced
- 6=Inspired EntertainmentUnited States · listed80.5IBO IndexRevenue€269Mreported FY2025Games live340+games livePortfolioSlotsTableMarkets · B2B licences24 marketsADMAGCOMGAWorks with2 groupsannounced
- 7=Konami GroupJapan · listed79.2IBO IndexRevenue€255Mreported FY2026/3Games liveNot statedPortfolioSlotsMarkets · B2B licences19 marketsAGCONJ DGEPGCBWorks with1 groupannounced
- 8=Aristocrat LeisureAustralia · listed78.6IBO IndexRevenue€3.59Breported FY2025Games live440+games livePortfolioSlotsTableMarkets · B2B licencesPGCBUKGCWorks with1 groupannounced
- 9=Games GlobalIsle of Man · private72.3IBO IndexRevenue€307Mreported FY2023/3Games live1,300+games livePortfolioSlotsLive casinoTableCrash & instantBingoMarkets · B2B licences4 marketsPGCBUKGCWorks with3 groupsannounced
- 10=Light & WonderUnited States · listed72.0IBO IndexRevenue€2.93Breported FY2025Games liveNot statedPortfolioSlotsLive casinoTableMarkets · B2B licencesPGCBUKGCWorks with2 groupsannounced
- 11=Merkur GroupGermany · private69.4IBO IndexRevenue€2.10Breported FY2025Games liveNot statedPortfolioSlotsMarkets · B2B licences2 marketsMGAUKGCWorks with3 groupsannounced
- 12=Golden Matrix GroupUnited States · listed64.6IBO IndexRevenue€140Mreported FY2024Games live55+games livePortfolioSlotsTableCrash & instantMarkets · B2B licences2 marketsONJNSGA
- 13=Gaming CorpsSweden · listed61.0IBO IndexRevenue€4.40Mreported FY2025Games liveNot statedPortfolioSlotsTableMarkets · B2B licences2 marketsAGCOMGAUKGCWorks with2 groupsannounced
- 14=WazdanMalta58.3IBO IndexRevenueNot disclosedGames live400+games livePortfolioSlotsMarkets · B2B licences10 marketsAGCODGAMGAWorks with9 groupsannounced
- 15=Bragg Gaming GroupCanada · listed57.1IBO IndexRevenue€106Mreported FY2025Games liveNot statedPortfolioNot statedMarkets · B2B licences9 marketsMGAONJNSGAWorks with3 groupsannounced
- 16=EndorphinaMalta56.4IBO IndexRevenueNot disclosedGames live230+games livePortfolioSlotsMarkets · B2B licences9 marketsDGAMGAONJN
- 17=BGamingMalta55.3IBO IndexRevenueNot disclosedGames live250+games livePortfolioSlotsTableCrash & instantMarkets · B2B licences5 marketsDGOJMGAONJNWorks with2 groupsannounced
- 18=Platipus GamingCuraçao55.2IBO IndexRevenueNot disclosedGames live200+games livePortfolioSlotsMarkets · B2B licences14 marketsADMAGCOMGA
- 19=Play'n GOSweden53.8IBO IndexRevenueNot disclosedGames live400+games livePortfolioSlotsTableMarkets · B2B licences6 marketsMGAPGCBUKGCWorks with10 groupsannounced
- 20=International Games SystemTaiwan53.4IBO IndexRevenueNot disclosedGames live160+games livePortfolioSlotsTableCrash & instantBingoMarkets · B2B licences4 marketsMGASGAUKGCWorks with1 groupannounced
- 21=GoldenRaceMalta51.9IBO IndexRevenueNot disclosedGames liveNot statedPortfolioSlotsLive casinoCrash & instantMarkets · B2B licences7 marketsDGOJMGAONJNWorks with2 groupsannounced
- 22=BF GamesUnited Kingdom51.8IBO IndexRevenueNot disclosedGames live185+games livePortfolioSlotsMarkets · B2B licences26 marketsMGAUKGC
- 23=1X2 NetworkUnited Kingdom51.0IBO IndexRevenueNot disclosedGames liveNot statedPortfolioSlotsTableMarkets · B2B licences8 marketsAGCOMGAMGC
- 24=HabaneroMalta51.0IBO IndexRevenueNot disclosedGames live200+games livePortfolioSlotsTableMarkets · B2B licences6 marketsMGAONJNSGA
- 25=Relax GamingMalta50.7IBO IndexRevenueNot disclosedGames liveNot statedPortfolioSlotsBingoMarkets · B2B licences10 marketsAGCODGAMGAWorks with3 groupsannounced
About this ranking
The ranking covers studios that make their own casino games — slots, live casino, table, crash and instant games — and hold a B2B licence or publish reports. Aggregators without their own games aren’t included. Each studio is scored every night by the IBO Index: scale (20), portfolio (20), distribution (20), trust and licences (15), reach and buzz (15) and transparency (10), each a percentile among the 132 tracked studios. A private studio that doesn’t publish revenue scores lower on scale and transparency, whatever its popularity.
Questions
Which is the biggest casino game provider?
On 12 Nov 2026, Evolution ranks first by the IBO Index with 92.0. By reported revenue, the largest studio in the ranking is Novomatic with €3.6 billion (reported FY2025).
What’s the difference between a game provider, an aggregator and a platform?
A game provider makes games. An aggregator connects many providers’ games to an operator through one integration. A platform runs the operator’s player accounts, payments and back office. This ranking covers providers; platforms have their own ranking.
Which licences does a game studio need?
A studio that supplies games to licensed operators needs a supplier (B2B) licence in many markets — for example from the UK Gambling Commission or the Malta Gaming Authority — and its games are certified market by market. Each studio’s profile lists its licences with links to the registers.
How many operators does a studio work with?
Profiles show Works with: the operator groups where a go-live was publicly announced in the last three years. It’s a lower bound — many launches are never announced.
How often is it updated?
Every night; pages are published at 06:00 UTC.
Read also: GGRRoyaltyRevenue shareGame provider revenue shareTop 100 operatorsTop 10 iGaming platforms